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Global Clean Tech report 'shows room for improvement' in NZ

Contributor:
Fuseworks Media
Fuseworks Media
Global Clean Tech report 'shows room for improvement' in NZ

A new report released last night comparing 40 countries on clean technology, shows middle-ranked New Zealand has room to improve on encouraging clean technology innovation.

"This report shows that New Zealand has great potential for clean technology. It shows we have the basics in place but we are lagging behind when it comes to encouraging clean tech innovation compared to many others, said WWF Head of Campaigns Peter Hardstaff.

The Global Cleantech Innovation Index, published by WWF and the Cleantech Group, examines the drivers of innovation and the evidence of clean technology innovation in a selection of countries around the world.

"While inheriting renewable electricity infrastructure in the form of hydro dams provides a great foundation, it does not mean we should be complacent. The government should be looking at countries like Denmark or Finland to see if we can learn lessons and make the most of a growing global market."

In the report New Zealand, overall ranked 18th out of 40 countries, scored relatively well on the general environment for innovation and also on evidence of clean technology commercialization. This is largely because of existing renewable electricity capacity.

But New Zealand scored comparatively lower marks on having policies to promote clean technology and on evidence of new clean technology innovation emerging here.

The WWF report concludes that, "Overall the index shows countries that put significant resources into supporting cleantech innovation are rewarded with more emerging and commercialised cleantech companies, validating the approach many governments have taken to actively promote cleantech innovation nationally."

Mr Hardstaff added that "A clean energy future is 100% possible with huge opportunities in clean tech coming in the next ten years but New Zealand needs to listen to this report and actively promote clean-tech innovation to make the most of it.

For more information

Global Cleantech Innovation Index 2014 report - http://goo.gl/iloLpR

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